SCS Announces 240 Billion VND Cash Dividend for 2025 Second Installment
This Aveluro analysis covers SCS on HOSE in the Travel & Leisure sector. The classified event type is dividend announcement, with positive sentiment and a deterministic market-impact score of 5.6/10. Aveluro classifies this story as a positive catalyst in the stock's news coverage. Source coverage came from CafeF - Thị trường chứng khoán, classified as a primary/top-tier source.
Key Facts
Caveat: Not investment advice. · How Aveluro computed this: Aveluro combines extracted event facts, source credibility, ticker context, and market data. Scores are deterministic research signals, not recommendations.
Overview
SCS (Saigon Cargo Service Corporation, ticker SCS) announced a 25% cash dividend for the second installment of 2025, amounting to 240 billion VND. The record date is July 24, 2026, with payment on August 6, 2026. This completes the 50% total cash dividend for 2025, as approved at the 2026 annual general meeting. The company also plans a 30% cash dividend for 2026.
Key Facts
- SCS will pay a 25% cash dividend (2,500 VND per share) for the second installment of 2025.
- Total payout for this installment is approximately 240 billion VND, based on nearly 96 million outstanding shares.
- Record date: July 24, 2026; payment date: August 6, 2026.
- Combined with the first installment, the total 2025 cash dividend is 50%.
- For 2026, SCS plans a 30% cash dividend, subject to final approval at the 2027 annual meeting.
- Q1 2026 revenue reached 272 billion VND (+2% YoY), pre-tax profit 218 billion VND (+2% YoY).
- As of Q1 2026, SCS held 1,494 billion VND in cash and equivalents (72% of total assets) and had no long-term debt.
What Happened
SCS announced a 25% cash dividend for the second installment of 2025, equivalent to 2,500 VND per share. The company will disburse approximately 240 billion VND to shareholders, with a record date of July 24, 2026, and payment scheduled for August 6, 2026. This completes the 50% total cash dividend for 2025, as approved at the 2026 annual general meeting.
For 2026, SCS targets revenue of 1,300 billion VND and pre-tax profit of 960 billion VND, both up about 2% from 2025. The company plans a 30% cash dividend for 2026, though the final rate will be decided at the 2027 annual meeting after full-year results are known. In Q1 2026, SCS reported revenue of 272 billion VND (+2% YoY) and pre-tax profit of 218 billion VND (+2% YoY), achieving 23% of its full-year targets.
Market Context
SCS shares closed at 48,400 VND on July 13, 2026, down about 6% year-to-date and over 30% from the 2025 peak. The stock trades on HOSE. Despite consistent dividend payouts and a strong balance sheet, the stock has underperformed, possibly due to muted growth expectations and broader market weakness in the logistics sector.
Strategic Significance
SCS maintains a robust cash position (72% of assets in cash) and zero long-term debt, enabling generous dividends. The 50% payout for 2025 and planned 30% for 2026 signal management’s confidence in stable cash flows. However, the modest 2% profit growth suggests limited near-term expansion, making the stock attractive primarily for income-focused investors rather than growth seekers.
What to Watch
- Final 2026 dividend decision at the 2027 annual general meeting.
- Q2 2026 earnings release to assess revenue and profit trends.
- Any capacity expansion or new service announcements at Tan Son Nhat airport.
- Changes in foreign ownership limits or investor sentiment toward Vietnamese logistics stocks.
- Share price reaction around the ex-dividend date (expected late July 2026).